Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Productive Business Solutions

Market Cap: US$160.0m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

Alfin Banco

Market Cap: S/476.1m

Provides various banking and financial products and services.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.

3B Blackbio Dx

Market Cap: ₹14.2b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

HG Metal Manufacturing

Market Cap: S$163.5m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Citra Tubindo

Market Cap: Rp5.7t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Lippo Cikarang

Market Cap: Rp4.2t

Develops real estate and industrial estate projects in Indonesia.

Palasino Holdings

Market Cap: HK$1.8b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Taiyo KagakuLtd

Market Cap: JP¥44.4b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Luxchem Corporation Berhad

Market Cap: RM 411.6m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Vidhi Specialty Food Ingredients

Market Cap: ₹15.7b

Engages in manufacture and trading of synthetic food colors.

Magnate Technology

Market Cap: NT$3.2b

Manufactures and sells aircraft, mechanical equipment, and general instrument components and other related products in Taiwan, Japan, and internationally.

Enviro Infra Engineers

Market Cap: ₹30.9b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Thai Steel Cable

Market Cap: ฿4.1b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

YH Entertainment Group

Market Cap: HK$2.0b

An investment holding company, operates as an artist management company in Mainland China and Korea.

Sambhv Steel Tubes

Market Cap: ₹25.5b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Timex Group India

Market Cap: ₹30.7b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Pizu Group Holdings

Market Cap: HK$3.8b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Vietnam National Reinsurance

Market Cap: ₫4.3t

Engages in providing inward and outward reinsurance services in Vietnam and internationally.

Lee's Pharmaceutical Holdings

Market Cap: HK$895.0m

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products in the People's Republic of China, Hong Kong, and internationally.

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك57.1m

A private equity firm specializing in direct and fund investments.

Cairo Amman Bank

Market Cap: د.أ298.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك46.7m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

An Phat Bioplastics

Market Cap: ₫3.2t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

Gulf Insurance Group - Jordan

Market Cap: د.أ81.4m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Tai Sin Electric

Market Cap: S$257.7m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Jamuna Bank

Market Cap: ৳20.9b

Provides various banking products and services in Bangladesh.

Menthobi Karyatama Raya

Market Cap: Rp1.9t

Engages in the cultivation and development of palm oil plantations; and crude palm oil processing activities and related derivative products primarily in Indonesia.

Jordanian Duty Free Shops

Market Cap: د.أ144.0m

9649273 Jordanian Duty Free Shops invests in, operates, and manages duty-free shops.

BLS E-Services

Market Cap: ₹15.7b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Surya Citra Media

Market Cap: Rp19.3t

Provides multimedia services in Indonesia.

Bank Danamon Indonesia

Market Cap: Rp25.2t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

MKH Berhad

Market Cap: RM 600.0m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, the Peoples’ Republic of China, and Indonesia.

SML Mahindra

Market Cap: ₹52.5b

Manufactures and sells commercial vehicles and related parts in India and internationally.